Jobs Report Is `Momentary Bright Spot,' Lebas Says

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Oct. 7 (Bloomberg) -- Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott LLC, talks about the U.S. employment report for September, the outlook for the economy and the likely impact of President Barack Obama's jobs plan and legislation that would let U.S. businesses bring home offshore profits at an 8.75 percent tax rate. LeBas, speaking with Mark Crumpton on Bloomberg Television's "Bottom Line," also discusses the move by Fitch Ratings to cut the long-term issuer default ratings of Italy and Spain. (Source: Bloomberg)

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